Endowment Effect¶
The Endowment Effect describes the tendenca of individuals to place greater value on objects they own than on the same or a similar objekt they do not own. In this module, evidence for the universality of the endowment effect is studied using a representative sample. In addition, measures of loss aversion can be linked with the trading decision in the experiment.
Contact |
Syear |
Respondents |
Dataset |
Variables |
Availability |
Field |
Method |
Replication |
|---|---|---|---|---|---|---|---|---|
Dietmar Fehr (Universität Heidelberg) |
2018 |
~3200 |
inno |
endef_07a, endef_hh_dummy, im_endef, endef_05b, endef_07b, endef_05a, endef_05e, endef_04a, endef_05d, endef_06a, endef_05c, endef_03, endef_01_1, endef_kont1, endef_01, endef_06b, endef_05f |
04/2021 |
Economics |
Experiment |
2022 |